Today’s company insolvency statistics show accommodation and food services insolvencies rose 4% month-on-month from 271 in February 2025 to 282 in March 2025. However, insolvencies were down 10% from 3,770 in the 12 months to March 2024 to 3,407 in the 12 months to March 2025.
Saxon Moseley, partner and head of leisure and hospitality at leading audit, tax and consulting firm RSM UK, said:
“Trading in the hospitality sector was particularly challenging in Q1, with sales down 0.6% in March according to the CGA RSM Hospitality Business Tracker, so it’s understandable that we’d see an uptick in insolvencies. However, insolvencies are still down on last year, demonstrating the resilience of many operators. The concern is that…
